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Listen to article ISLAMABAD: Pakistan secured a record $26.7 billion in foreign loans during the last fiscal year, nearly half of it in the form of rollovers of previously obtained loans, indicating the country’s deepening dependence on multilateral and bilateral creditors. The $26.7 billion disbursed during the fiscal year 2024-25 was slightly higher than the preceding fiscal … Read more

[ Listen to article LAHORE: The Pakistan Business Forum (PBF) has called on the Federal Board of Revenue (FBR) to immediately issue a Statutory Regulatory Order (SRO) for imposing 18% general sales tax (GST) on imported cotton, as outlined in the Finance Bill 2025. In a statement, the PBF emphasised that despite clear announcement in the federal … Read more

WASHINGTON: Major social media platforms are enabling and profiting from misinformation around extreme weather events, endangering lives and impeding emergency response efforts, a research group said Tuesday. The report from the Center for Countering Digital Hate (CCDH) — which analyzed 100 viral posts on each of three leading platforms during recent natural disasters including deadly Texas … Read more

[ Listen to article ISLAMABAD: Federal Minister for National Food Security and Research Rana Tanveer Hussain has said that the government will initiate a countrywide crackdown against the mills involved in hoarding, profiteering or overpricing, if the Pakistan Sugar Mills Association (PSMA) failed to play its due role in ensuring compliance with the notified price among its … Read more

Marcus Rashford has completed his medical to finalise a season-long loan move from Manchester United to Barcelona. The 27-year-old forward arrived in Barcelona on Sunday night after receiving permission from United to complete the formalities of the transfer. Social media quickly buzzed with images and videos of Rashford landing in Catalonia aboard a private jet. … Read more

[ Listen to article SINGAPORE: China has broken ground on what it says will be the world’s largest hydropower project, a $170 billion feat capable of generating enough electricity each year to power Britain. The scheme dwarfs the mighty Three Gorges Dam, currently the world’s largest, and Chinese construction and engineering stocks surged after Premier Li Qiang … Read more

Listen to article ISLAMABAD: Experts at a high-level consultative session stressed that Pakistan must urgently develop a comprehensive policy framework to strengthen its domestic solar manufacturing ecosystem amid rising energy demands and growing reliance on imports. The session was hosted by the US-Pakistan Centre for Advanced Studies in Energy (USPCAS-E) at NUST. The event marked the launch … Read more

GENEVA: The World Health Organization warned on Tuesday a major chikungunya virus epidemic risks sweeping around the globe, calling for urgent action to prevent it. The WHO said it was picking up exactly the same early warning signs as in a major outbreak two decades ago and wanted to prevent a repeat. Chikungunya is a … Read more